Panattoni has secured a EUR 40 million loan from BNP Paribas to support the development of Panattoni Park Sosnowiec IV, consisting of nearly 63,000 square meters across two buildings, with over half of the space already leased to an unnamed retail chain.
“Securing financing from BNP Paribas is an important step in developing our latest investment in the Silesian region,” said Emilia Taczewska-Trojanska, Head of Debt Finance Poland at Panattoni. “Panattoni Park Sosnowiec IV already has a strategic tenant – one of the leading retail chains, operating a logistics hub at the site. This is further proof that our projects meet market needs and the high standards of financial institutions.”
The first phase of the project, consisting of 33,600 square meters, was completed in February and is already in use by the unnamed tenant. The facility features modern technologies, including a photovoltaic installation and advanced cooling infrastructure: a 2,000-square-meter freezer and an 8,000-square-meter cold store.
The second phase will include the remaining part of the larger building (over 48,000 square meters in total) and a second facility (14,000 square meters). The park will be BREEAM certified at the Excellent level.
“Securing financing for the Sosnowiec investment highlights its importance for the market, as well as the attractiveness of the location,” added Taczewska-Trojanska. “Our cooperation with our banking partner – BNP Paribas – allows us to carry out further strategic investments, delivering facilities that meet the highest sustainable development standards.”
Panattoni Park Sosnowiec IV is located near national road No. 94 and is three kilometers from the S1 expressway.